IAI SP1 Practice Questions - IAI Subject SP1 Health And Care Specialist Principles Exam

Private medical insurance (PMI) typically indemnifies the policyholder against which of the following?

A fixed daily cash amount irrespective of the actual treatment cost The cost of acute private medical treatment, subject to policy limits and exclusions Loss of earnings during a period of hospitalisation A lump sum payable only on diagnosis of a terminal illness

Correct Answer:

The cost of acute private medical treatment, subject to policy limits and exclusions

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